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Rail Strike Looms, Could Further Wipe Out Economy

  • While everyone was paying attention to the November election, members of the country’s 12 railroad unions were voting on a labor contract. The process has been a wild ride so far — and it could be headed off the rails.
  • The two largest unions, representing about 62,000 engineers and conductors or about half the entire group, are set to announce vote results Monday, and the health of the U.S. economy is hanging on their yeas and nays.
  • The success of this deal is also a test for the White House, which brokered and sold it as a big win in September.
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